The UK tapped its £8bn 4.375% January 2040 Gilt, and, after receiving £119bn of orders, added £8.5bn to the line. This amount ...
Sammallahti said it was “not easy to find a clear explanation of the current demand”, given many of Finland’s peers have issued very successful deals in recent weeks. This week France and Spain, and ...
Helaba’s first euro covered deal of 2025 met resistance as some investors felt the note looked too tight compared to SSA paper. As a result, the deal did not attract the rampant demand as recent ...
Belfius’ tighter deal lost half of its peak book despite offering a visible new issue premium. Iccrea, which offered a 20bp higher spread for a bond one year shorter, lost €590m of orders.
M&A is also tipped to pick up during 2025. At the end of 2024, around 75% of loan bankers surveyed by GlobalCapital said they expected M&A volumes to increase this year. Corporate bond bankers are ...
Deal attracts largest CEE euro covered book ◆ Book holds up after 'aggressive' 12bp move ◆ Bond prices through fair value, but setting the level proves tricky ...
Derayah Financial Co, the Saudi online broker and asset manager, announced its intention to list on Tadawul, the Saudi Exchange, on Thursday. This is the third IPO announcement in the Persian Gulf ...
First tier two after Aussie AT1 phaseout confirmation ◆ European investors like what they see, even at tight valuation ◆ Some disparity between primary and secondary markets ...
PIF (Aa3/—/A+) sold $2.4bn 5.25% January 2030 at 99.393 to yield 5.39% while a $1.6bn 5.625% July 2034 was issued at 99.362 to yield 5.713%. At $2.4bn, the five year tranche was the largest size PIF ...
US asset manager John Hancock has launched a new ABS interval fund with its UK based affiliate Manulife | CQS. The fund, ...
Cerberus brings its first revolving Heloc trade while Beach Point is out with its first nonperforming loans mortgage deal in ...
A2A’s €500m trade landed at 125bp over mid-swaps from €3.5bn of pre-reconciliation demand. The issuer has a 1% November 2033 green bond that which trading at an I-spread of 120bp before the new deal ...